01972naa a2200241 a 450000100080000000500110000800800410001902200140006002400390007410000150011324501410012826000090026950000820027852011230036065000100148365000120149365300210150565300300152665300260155670000160158270000170159877301150161510607632021-06-24       2006    bl uuuu     u00u1 u    #d  a0306-91927 a10.1016/j.foodpol.2005.10.0052DOI1 aHAREAU, G.  aThe potential benefits of herbicide-resistant transgenic rice in UruguaybLessons for small developing countries.h[electronic resource]  c2006  aArticle history: Accepted 3 October 2005 / Available online 18 November 2005.  aABSTRACT. In many developing countries, the potential benefits from adopting a transgenic variety developed by a multinational corporation are limited by the crop's small production base. This paper presents an ex-ante evaluation of the economic impact of herbicide resistant transgenic rice in a small developing country, Uruguay. To fully account for the multinational's market power, the firm's seed markup is assumed to affect the adoption rate for the variety. Stochastic simulation techniques are employed to understand how potential benefits may vary with changes in technology, yield, costs, and adoption parameters. The results indicate a $1.82 million mean net present value for producers from the development and utilization of transgenic rice in Uruguay and $0.55 million for the multinational. These relatively small multinational firm benefits suggest that a firm will not undertake significant efforts to develop transgenic varieties adapted to local conditions without either strategic partnerships with local institutions or access to wider regional markets. © 2005 Elsevier Ltd. All rights reserved.  aARROZ  aURUGUAY  aEconomic surplus  aGenetically modified rice  aStochastic simulation1 aMILLS, B.F.1 aNORTON, G.W.  tFood Policy, April 2006, Volume 31, Issue 2, Pages 162-179. Doi: https://doi.org/10.1016/j.foodpol.2005.10.005